Key Takeaways The S&P 500 tumbled into correction Thursday amid concerns that Trump administration policies, notably tariffs, could slow economic growth and reignite inflation. The index set a new record high just over three weeks ago before promptly reversing, setting up a Wyckoff Spring, a chart signal that indicates a market top before a markdown
(iStock / Getty Images) A reinsurance program pioneered by Alaska to lower the state’s marketplace insurance rates is on the chopping block, having been identified for scrutiny by the Trump administration, according to Alaska’s insurance director. If it is eliminated or the funding for it is zeroed out, Alaska would lose up to $140 million
USD/JPY 10 mins USD/JPY has extended its gains today to 50 pips and hit 148.31. That’s erased yesterday’s loss and it comes on improving risk appetite. The main catalyst is Democratic Senate leader Chuck Schumer signalling that he will support the Republican bill to keep the US government open through September. Also helping were positive
MAYSVILLE, N.C. (WITN) – Health insurance coverage for thousands of families across North Carolina will be coming to an end this summer. The North Carolina League recently let people know its Health Benefits Trust coverage will stop on June 30th. Maysville Town Manager Schumata Brown says he’s shocked by the change. “It was a big
Top IRS lawyer pushed aside as DOGE seeks records and 20% staff cuts The Washington Post Trump Administration Replaces Top I.R.S. Lawyer The New York Times Top lawyer at IRS removed amid DOGE push for taxpayer information: Sources ABC News IRS chief counsel is demoted and replaced with DOGE ally CBS News
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Putin still intends Ukraine domination, U.S. intelligence reports say The Washington Post Putin is using a classic Russian negotiating tactic to delay a ceasefire The Telegraph Adam Zivo: Vladimir Putin is a warmonger. Why is anyone surprised? National Post Russia’s Peace Demands on Ukraine Have Not Budged Council on Foreign Relations What Vladimir Putin really wants from Ukraine The Spectator
On the twelfth anniversary of his election to the papacy, our Editorial Director reflects on the magisterium of fragility Pope Francis has shown as he continues to recover in Rome’s Gemelli Hospital. By Andrea Tornielli This year, the twelfth anniversary of his pontificate falls at a particular moment for Pope Francis, who has been living
Key Takeaways The S&P 500 tumbled into correction on Thursday as stocks continued to sell off amid growing concerns about tariff risks. Retail investor activity suggests we’re in the third of five psychological phases of a typical market downturn, according to analysts at Vanda Research. A disconnect between investor sentiment and behavior has widened in
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